Why Doesn't My Trial Balance Balance?

This generally only occurs if you run the year-end (roll over) process and your chart of accounts contained account codes that had incorrect finance type or end of year settings. You should locate the settings that are in error and correct them. To do this:

1.      Print your chart of accounts report.

2.      Check that all profit & loss accounts have a "p" in the F (finance type) column.

3.      Check that all profit & loss accounts have a "y" in the Y (end of year) column.

4.      Check that all balance sheet accounts have a "b" in the F (finance type) column.

5.      Check that all balance sheet accounts have a "n" in the Y (end of year) column.

To correct any errors select the maintenance|general ledger codes menu options and adjust your account code settings here.

The above will not fix your current problem, but will ensure that you will avoid the same problem in the future.